The program had a very small sample size as there weren't many participants + as you mentioned, renovation/conversion costs were extremely high for landlords.For your question, an architect would be a great contact.

Hey @Crystal Kennedy, To help you in your search: be sure to find an accountant that is willing to grow with you, and is not too high priced fee wise.

In what world does reducing labor in a high area of need, it’s only the biggest industry in America, reduce the cost of the service.

There's never been a time in history where building equity through adding value wasn't possible, that's just stinkin' thinkin'.That being said- processes and quality matter greatly and thats where most people lose their shorts, not on the actual deal.  

Specifically in finding quality contractors servicing the Island. 

@Amy Hu I am in the same boat as you, no passive losses because my income is too high. 

Quote from @Daniel Rabinov: Hello,So I am ready to get going on flipping or BRRRR.The thing is, my local market (Los Angeles) is not a great place to start as entry points are really high for beginners and it's very hard to get good deals here.

No serious, legit, high-end GCs will allow you to get materials...it's not how this is done.

The basement itself is an unfinished basement, as well as unlivable (5ft high floor to ceiling).

Meeting seasoned investors, brokers, lenders, and property managers face-to-face at these events is highly recommended.